All posts tagged "saudi land tax"
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ConstructionSaudi Arabia to roll out undeveloped land tax ‘this week’
A tax on undeveloped land in urban areas of Saudi Arabia will be rolled out from this week, according to press reports....
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ConstructionSaudi Arabia ‘plans $800m social housing drive’
Saudi Arabia plans to launch a SAR3 billion ($800m) programme to build social housing in cooperation with the private sector, according a...
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PropertySaudi property sales ‘down more than 50%’
Saudi property sales have plummeted by more than 50% as investors hold off due to the expected impact of a new land...
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Property
Saudi land tax ‘to cut prices by up to 40%’
The new tax on vacant land in urban areas of Saudi Arabia will spur development and help reduce property prices by up...
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ConstructionSaudi land tax to spur development – JLL
An upcoming tax on vacant land in urban areas of Saudi Arabia will spur development in the kingdom, consultancy JLL has said....
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ConstructionSaudi cabinet approves tax on vacant land
Saudi Arabia’s cabinet has approved details of a tax on owners of vacant land in urban areas, as part of an attempt...
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PropertySaudi Arabia sets rules for tax on undeveloped land
Saudi Arabia has outlined the rules for an upcoming annual tax on undeveloped urban land, in an announcement made on Sunday by...
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PropertySaudi house sales down 5%, rentals up
Saudi Arabia saw 5% fewer property sale transactions in the year to November, as the market shifts towards rentals, according to JLL.Lower...
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InfrastructureLow oil prices to hit Gulf infrastructure spend – JLL
Low oil prices are leading to a fiscal restructuring across GCC nations, which will likely lead to cuts in infrastructure spending, according...
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PropertySaudi tax on undeveloped land ‘to bring in $20bn a year’
Saudi Arabia’s planned introduction of a 2.5% tax on undeveloped urban land is set to rake in SAR75 billion ($20bn) a year...
